New investment for Eco-Bags

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The Slovak manufacturer of paper bags Eco-Bags www.ecobags.com has submitted an investment plan foreseeing investments of about 3.5 million dollars to upgrade and expand the production capacity of its plant in Myjava in Western Slovakia. The factory production capacity will increase from about 600 million bags to 1 billion bags a year. The investment, which also includes the purchase and installation of a new machine, will be completed by the end of this year.